QQQ rejected perfectly on a retest of its previous ascending channel from the rally over the last year. It has finally gone back for that retest after breaking well below in April. It's not a big rejection yet, but this is something bears can feel good about. I'm still confident in my prediction and today has reaffirmed that confidence honestly, but I still question the action on VX. IF QQQ breaks above here and breaks out further, I may get my face ripped off. We shall see.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.